Entry - In the supply zone Target - 1.45680 Invalidation - 1.48820 Risk to reward ratio - 8 Technical confirmations Full cycle of Elliot wave impulsive part is done and now the corrective part(ABC) needs to be finished towards C. Price has reached the supply zone forming the B wave. Technical confirmations Unemployment report in Australia comes on...
BINANCE:APEUSDT Signal Entry - After breakout of channel Target - $14.3 Invalidation - Top of wave 5 Risk to reward ratio - About 3.5 Technical confirmations Price is forming an ending diagonal. Full cycle of Elliot wave impulsive part is coming to an end. When the price will break the channel then correction will start. RSI indicator is...
BINANCE:ADAUSD Signal Entry - $0.5 Target - $2 Invalidation - $0.1 Risk to reward ratio - 3.6 Technical confirmations Price already reached 0.618 Fib zone and continue to decline. We expect price to reach 0.786 and maybe 0.886 zones. There's liquidity at $0.77 so it is a good target for price to continue falling. Aroon indicator shows a strong...
NASDAQ:AAPL Signal Entry - $154 Target - $103 Invalidation - $180 Risk to reward ratio - 1.9 Technical confirmations RSI divergence showing the weakness. Price formed a lower high since All Time High. If the price breaks the upward channel and support then it should continue dropping to 0.618 Fib zone. Fundamental confirmations Why...
NASDAQ:MKTX Signal Entry - $280 Target 1 - $368 Target 2 - $422 Invalidation - $254 Risk to reward ratio - 5.2 Technical confirmations We think that price just finished impulsive part of Elliot Wave analysis and now should make a correction upwards. There is huge increase in volume at the bottom now. The main target is set to 0.5 Fib zone...
NYSE:NIO Signal Entry - $10 Target - $27 Invalidation - $2 Risk to reward ratio - 2.13 Technical confirmations Gap between $9 and $11 where unfilled orders have to filled. Price once rejected $10 level and then broke it. We think that $10 level could act as a potential support. We have a 0.886 Fib retracement level at $9 Fundamental...